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Newspaper
Roswell Daily Record
Location
Roswell, New Mexico, United States of America
Date
Jun 12, 1934
Page
5
Miss Maude Kemp, head of the welfare office, presented a year long report detailing monthly expenditures of federal and local relief funds, families served, and a plan to promote self help. She urged building a case work program to foster independence and avoid pauperization while coordinating community resources.
Wall Street moved into higher territory with larger trading volume than the previous session. Gains of 1 to about 2 points predominated as the close remained firm. Notable increases appeared in National Lead and Spiegel-May-Stern while aircraft and mining issues led advances.
Trading on the New York Stock Exchange ended with mixed results as dozens of names posted gains while others retreated. Major movers included Adams Express, Ohio Oil, Bethlehem Steel, U S Steel, and Colt Industries, with price changes scattered across financials, industrials, and energy shares.
AP summary of livestock prices for June 12 showing hogs 4500 head uneven gains to 25 higher with top 3.85 per pound on 910270 lb choice. packing sows 275 to 550 pounds at 2.90 to 3.40. Cattle 4000 head with calves 600. killing class cattle firm to 25 higher. vealers steady to firm. steers 550 to 1600 lbs 5.60 to 9.25. heifers 5.00 to 5.49. cows 3.25 to 4.00. milk-fed eiders 2.50 to 5.00. Sheep 6000 head with spring lambs steady to 15 higher. yearlings 4.76 to 6.75. ewes 1.25 to 2.00.
Chicago trade notes show various grain bids and futures: wily 99 3/8 to 99 7/8, April 4.01, July 58 178, September 60 to 61 7/8, July 4/2, September 44 3/8, December 45 1/2, RYB futures July 67 1/8, September 69, December 71 3/4, Barley July 55 1/2, September 54 1/2, Lard July 6.67, September 6.97, October 7.07, Bellies July 9.25, September 9.55.
Boston wool market reports very slow sales with most activity limited to fleeces. Medium quality combing Ohio fleeces sold around 32 to 33 cents in grease for 56s 3/8 blood, while 48-50s, 1/4 blood fleeces fetched 31 to 32 cents. Some offerings saw prices advanced above these ranges, and a bid of 80 cents in grease for fine wool appeared amid weak demand. Ohio delaine from new clip was refused.
June 12 AP report notes higher prices as expectations of further showers in eastern belt and uncertainty over rainfall in Texas and Oklahoma. Futures closed steady 14 to 15 higher with July at 12.12 14, October 12.36, December 12.48 49, January 12.55, March 12.64, May 12.73 and spot middling 12.30.
United press report on closing prices for Liberty Bonds New York June 12 showing Fourth 4 1/4s at 103.25 Treas 4 1/4s at 112.14 Fed Farm Migs 3 1/4s 64 at 101.25 and Home Owners Loan 4s 1951 at 101.9.
New Orleans spot cotton closed steady with a 15 point gain as sales totaled 946 bales. Middling cotton quoted at 12.27 cents per pound reflecting a modest rise in early trading.
Stock averages for June 12 show 50 Industrials at 92.0, 46.2, 69.8, 81.0 with prior day 91.1, 45.5, 68.9, 980.1. daily totals and itemized indices listed by Standard Statistics Co.
Spot cotton held steady in Galveston Texas with midsling prices around 12.25 and sale figures noted as 148. The report lists the day’s values including 10 up and mid dling at 12.25 under AP coverage.
AP reports a volatile list of commodity prices with New York Carb leading gains at 69 3/4. Other notable moves include Gulf Of Pa at 67 3/4 and Humble Oil at 46 3/8, while several utilities and metals show smaller shifts across the board.
Court House Garage offers a four door 1930 Chevrolet sedan in good condition. Contact Jizzie for details.
In Santa Fe a 1962 drought is described as widespread, with George W. Kaseman of Albuquerque noting a prior scorch drought around 1902 or 1903. He recalls a period when sheep were moved into the Estancia Valley and there was no moisture for 23 days.
Kaseman notes severe drought around Camp Whitcomb near Albuquerque with withered cedars and pinon trees and sheep losses. Railroads and highways spurred dry farming as the area shifts from sparse sheep raising to irrigation powered by conservancy projects. He predicts Albuquerque and the Rio Grande Valley will prosper as well irrigated land yields good crops. A government resettlement project at the Lajoya near the confluence of the Rio Puerco and Rio Grande is being considered for those taken off less fertile lands after floods at San Marcial.
Washington June 12 AP Five thousand South Dakota farm Dillinger Dead The dying whisper of Tommy Carroll one of Dillinger's lieutenants fatally shot at Waterloo Iowa conveyed the hint that John Dillinger is dead and buried. Carroll was with the Indiana outlaw when they shot their way out of the Federal net at Spider Lake Wisconsin.
Lea Rowland spoke on the county CWA relief plan calling it the best yet devised. Hazel Van Doren reported January 25 to May 30 handling of transient relief for 520 individuals in 119 families, with Federal spending totaling 3741.72 and 258.75 for transport. Twenty three families were sent back to their legal residence. most transients are ill or elderly. Fifteen single transients received aid due to illness.
Government shifts families burnt by a severe drought to more suitable land within the state as a major step to address the vast relief needs caused by rainfall shortages in the Midwest.
A Colorado drought described as appalling by state relief director Miss Alice Van Diest warns thousands of livestock and poultry starving for lack of food and water. Hundreds of wells are dying, water hauls lengthen, and sanitary conditions deteriorate with risk of epidemics. the bizarre scene depicts sand reaching window sills, parched grass, and widespread crop loss as FERA workers report drought areas.
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